Schindler Holding AG (OTCMKTS:SHLAF) Given Average Recommendation of “Hold” by Brokerages

Schindler Holding AG (OTCMKTS:SHLAF) has received an average rating of “Hold” from the ten brokerages that are currently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and two have assigned a buy recommendation to the company.

A number of equities analysts have weighed in on the company. Morgan Stanley restated an “equal weight” rating on shares of Schindler in a research note on Monday, April 12th. JPMorgan Chase & Co. assumed coverage on Schindler in a research note on Thursday, March 25th. They issued a “neutral” rating on the stock. Barclays restated an “equal weight” rating on shares of Schindler in a research note on Tuesday, April 6th. Oddo Bhf lowered Schindler from a “neutral” rating to a “reduce” rating in a research note on Friday, January 22nd. Finally, Berenberg Bank lowered Schindler from a “buy” rating to a “hold” rating in a research report on Tuesday, March 16th.

OTCMKTS SHLAF remained flat at $$315.65 during trading on Wednesday. The stock’s fifty day moving average is $289.89 and its two-hundred day moving average is $277.64. Schindler has a 1 year low of $212.55 and a 1 year high of $315.65.

About Schindler

Schindler Holding AG engages in the production, installation, maintenance, and modernization of passenger and freight elevators, escalators, and moving walks worldwide. It also offers digital media services for engaging communication channels, such as Schindler Ahead DoorShow, which displays information, advertising, and announcements on the elevator doors; Schindler Ahead SmartMirror, a mirror and a screen for entertainment or information; and Schindler Ahead AdScreen, an advertising and communication space.

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Analyst Recommendations for Schindler (OTCMKTS:SHLAF)

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